Political Quotes

“Today I am proud to be able to speak in support of the Helping Angels Lead Our Startups, or HALOS, Act. I would also like to thank Chairman Chabot, Congressman Hurt, and Congresswoman Sinema for putting forward this important bipartisan legislation. I am fortunate to hear regularly from innovators across Illinois and through my work on the House Science, Space, and Technology Committee. Chicago is recognized nationally as a hub for angel investors. The Illinois Venture Capital Association was one of the first associations to represent private equity and venture capital groups. The State of Illinois also offers an angel investment credit program to attract and encourage investment into early-stage innovative companies throughout my State. These innovators oftentimes have a simple idea that can be life changing, but financing these ideas so that they can become a reality is harder than you might think. Angel investors play a key role in the earliest stages of these startups. They provide the initial round of funding to help get these life-changing ideas off the ground. Startups are the job creators that drive our economy, make life-changing medical breakthroughs, and harness technology to accomplish the impossible. These startup companies frequently participate in demo days, as has been talked about, to increase the visibility of their company, explain their ideas and hope to informally attract investors.…”